The Union Cabinet on 2 January 2014 approved the Policy Guidelines for Land Management by Major Ports, 2014. Land Policy is one of the most significant policy frameworks guiding the overall functioning and development of the port sector.
The guidelines has been approved with an aim for optimum utilization and for realization of the value of land reserves by linking with the prevailing market rates available with the major ports of India. By putting in place a mechanism of leasing/licensing of port land through a transparent tender-cum-action methodology, the guideline seeks to minimize discretionary powers of the port authorities in the process of allotment.
The policy has been framed with an objective to ensure that the land resources should be put to optimum use as per the approved land use plan. Due to this, the land leasing and licensing process will become more accountable and transparent and will also minimize the element of discretion and arbitrariness at port level.
The approved policy will be applicable to the major Port Trusts and Ennore Port Limited, except land related to the township areas of Kandla, Mumbai and Kolkata Ports.
If you have any Question/Point on the above information, please ask/discuss it in the Current Affairs Group
DISCLAIMER: JPL and its affiliates shall have no liability for any views, thoughts and comments expressed on this article.